Identifying excess operational costs in your supply chain is tough, but addressing those costs is even tougher. Improving a process with inadequate data and resources inevitably leads to over-correction and misguided changes that make matters worse. Compliance Networks' suite of supply chain visibility, performance, and vendor compliance solutions address not only the top four inbound supply chain challenges: fill-rate, on-time delivery, trouble shipments, and PO/ASN accuracy, but hundreds of additional requirements and metrics that are unique to each supply chain.
The Massive Profit Impact of Vendor Performance Improvement - White Paper
Retalon-Compliance Networks Case Study that details the relationship between vendor performance and profits.
Monitor and Reduce the Purchase Order Lifecycle for Financial Performance - Web Article - Supply Chain Digest
Linking Vendor Compliance to Profitability - White Paper
Optimizing the vendor compliance process can have a profound effect on overall profitability.
The Impact of Variability on Retail Profits - Video
The impact of inbound shipping performance variability on costly safety stocks, which in turn decrease retail profitability.
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"Where does the supply chain executive start in their quest to influence margin performance? While opinions will vary where the best place to start is, most will agree the desired outcome is a more predictable and consistent supply chain."
Vice President, Sales and Business Development
“Poor judgment and uninformed assumptions result in market miscues, setbacks, mediocre performance, politicized cultures, demoralized workers, and workforce reductions.”
7 Habits of Highly Effective People